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4.2¢ magnis energy technologies ltd

ASIC sues, page-66

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Chupapi

958 Posts.

358

11/07/24

18:53

Post #: 74714164
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Originally posted by emugrasshopper: ↑

I thought the Tesla deal was to supply ‘active anode material’ from the touted AAM facility that Magnis was going to build - a pilot plant and then the main plant which Hoshi said would be ‘huge’ two miles long. The last announcement was Magnis signed a ‘letter of intent’ - needless to say the milestones have not been met to comply with any alleged Telsa deal. In the last quarter report, the AAM was described ‘in due course’ - I suppose there was no graphite supply from Nachu, so no AAM to process. At least Frank is consistent in delivering nothing

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Yes All reliant on the worlds best graphite which Magnis will start mining soon.

MNS Price at posting: 4.2¢ Sentiment: Buy Disclosure: Held
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